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Stock Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Co-Diagnostics, Inc (NASDAQ:CODX)

Long-Term Downtrend (-90) - CODX is in a strong downtrend that is likely to continue. While CODX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CODX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CODX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CODX
Open High Low CODX Price Change
8.160 8.350 8.090 8.235 +0.115
Entry Signal

MarketClub’s Trade Triangles for CODX

long term down The long-term trend has been DOWN since Mar 29th, 2021 at 9.0100

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2021 at 11.0701

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 8.6401

Smart Scan Analysis for CODX

Based on our trend formula, CODX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CODX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.160 8.350 8.090 8.235 +0.115
Prev. Close Volume Bid Ask Time
8.120 371360 2021-05-07 13:13:50
Year High6.66Year High Date2018-06-05
Year Low1.45Year Low Date2018-02-27
52wk High30.9952wk High Date2020-08-03
52wk Low7.8652wk Low Date2021-03-30
Average Volume788,648Shares Outstanding28,666
Market Cap18MAssets71,237,197M
Liabilities4,540,688MP/E Ratio5.3421
Volatility71.57
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